Competitive Costs
Pricing Comparison - Board Portals
| Board Portal Vendor | Per User/Year |
| Diligent Boardbooks | $975.00 |
| BoardEffect | $750.00 |
| BoardPro | $475.00i |
| Azeus Convene | $375.00 |
| Boardable | $324.00 |
| iBabs | $152.00 |
 |
$128.00 |
Disclaimer: Prices above are based on pricing from actual invoices and information that is not always publicly available. If you are a vendor and wish your pricing to be corrected, please don't hesitate to contact our editor via support@boardcloud.org.
Notes:
Prices quoted above are for a vendor's version that supports board pack annotations at a minimum. This is because a number of vendors offer 'crippled' lower priced versions of their software that do not support annotations, which we regard as a non-negotiable feature.
i) Approximated price. BoardPro prices per board per year - our calculation is for 15-users, a Premium board and 3 extra committees.
Board Portal Software Vendors Abound
There are many board portals for an organisation to choose from. All the above vendors offer cloud based systems that enable a board of directors to attend meetings and securely access board meeting documents. Many systems offer enhanced functionality and tools that are framed as value adds to justify higher prices. In general practice, the majority of users make use of the main core features and seldom use the fancy options that are touted as big selling points.
Among the most popular vendors are Diligent, Convene, BoardEffect, BoardPro and a few others. BoardCloud is an upcoming competitor for these vendors.
Vendor Tricks to be on the Lookout For!
Board Portal Implementation Costs
Most of the prices quoted above do not include setup costs in the pricing. This adds another layer of costs to your first year of use. For example, iBabs, listed above has pricing that is relatively close to ours, but the first year cost is in fact almost $2000.00 more because they charge a first-year onboarding fee.
BoardCloud pricing includes:
- importing of members and their committees
- onboarding of members and administrators
- training of company secretaries
- training of board and committee and members
The 'Unlimited' Word
Some vendors offer unlimited users as a lure to hook new customers. For example, BoardPro offers unlimited users, which sounds great, but they charge per board and how many members can a board actually have?
Practically speaking, charging for a board portal by board can carry a significant financial burden. Having the ability to add any number of committees (boards) translates to better agility and governance. In BoardPro's case you would need to spend between $2k and $6k for each committee you add, which could result in running these small boards outside the system as a cost saving measure.